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24 July 2019 | 5 replies
You could also do a HELOC on your property, which the local bank would have info on as well.
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9 September 2019 | 4 replies
If you live in the property, and have enough equity, you can likely qualify for a HELOC (Home-Equity Line of Credit).
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21 July 2019 | 9 replies
You might be able to get a HELOC or rehab loan and fix it up while living for free.
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9 September 2019 | 10 replies
I eventually decide to to get a HELOC, and used it for the purchase.
22 July 2019 | 7 replies
Then it might make more sense to get a HELOC and keep that first rate in place.
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21 July 2019 | 4 replies
You might be better off if there is any equity in the home to do a HELOC
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21 July 2019 | 5 replies
My understanding is that one would simply cash-out refinance right before the balloon payment is due and pay off the owner finance balance and then begin making payments toward the refinance note, or establish a HELOC.
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22 July 2019 | 8 replies
@Matt Lorenzo, The simple interest on a HELOC is much cheaper than the amortized interest on a 30 year note.
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22 July 2019 | 5 replies
HELOC probably isn't worth it.
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4 August 2019 | 2 replies
The basic idea is to talk about said loan, drop money on current home, refinance under heloc, tracking it's generally 80% thats refinanced into it so adding some of my own money as well.